Squatters inside the building, a former police station in Beak Street, off Regent Street, accused police of heavy-handed tactics after they were led out by officers who forced their way in after a tense standoff lasting more than three hours.
TV footage showed officers in climbing gear trying to secure the roof, then grabbing a protester who appeared to be trying to jump off the rooftop.
The raid came on the day of the Stop G8 group's Carnival against Capitalism, targeting banks, hedge funds, mining and oil firms in central London as well as Claridge's hotel and Boodle's private club in the runup to the summit in County Fermanagh. The protests were concentrated on Oxford Circus and Piccadilly Circus. Police said 57 arrests were made in relation to the G8 protests.
A Metropolitan police spokesman said the force obtained a search warrant for the Beak Street property "relating to intelligence that individuals at the address were in possession of weapons and were intent on causing criminal damage and engaging in violent disorder".
A handful of squatters are believed to have arrived on Friday, with many more subsequently joining them.
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Crosby Herald
Dozens of arrests at G8 protests
Hundreds of riot police were deployed throughout central London on Tuesday and in Soho officers dramatically forced their way into a building occupied by demonstrators.
Television footage showed officers in climbing gear trying to secure the roof of the former police site in Beak Street, bundling to the ground a protester who appeared to attempt to jump from the rooftop.
Police also raided an unoccupied building in Norton Folgate near Liverpool Street, where they found around 20 people inside and arrested three for criminal damage, Scotland Yard said.
Metropolitan Police commander Neil Basu said around 1,200 officers had been involved in Operation Hemingway, which he described as a "proportionate" response to the protests.
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